Digital Currency Group (DCG) Completes $700 Loan Repayment To Genesis Exchange

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Barry Silbert, Crypto News, DCG, gemini, Genesis, Loan settlement

Venture capital firm Digital Currency Group (DCG) has completed a $700 million payment to its subsidiary company Genesis Global Capital (GGC) as a settlement of its short-term loans from the now-bankrupt crypto lending platform. This development comes four months after Genesis filed a lawsuit against DCG and one of the company’s affiliates regarding the repayment […]